Please Note – The Jacobsen will not publish an International Animal Fats Bulletin next week due to the Thanksgiving holiday. We will resume our regular publication schedule for the International Bulletins on 3 December.
Tallow prices out of Australia are unchanged this week, balanced between tight supplies and pressure for lower prices from buyers. Palm oil prices and lower production numbers support higher fat prices, but pressure from the buy side in China has kept the market anchored in place. Sales out of the New Zealand market were lower, pressured by the Chinese market, and, in turn, lower bids out of the renewable sector.
European UCO prices are lower as cheaper material coming in from Asia has pressured the interior price. Values are trading at a sub €700 level in some areas. Animal fat prices are steady to higher on higher palm and vegetable…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...